Jio Platforms IPO Day 3 Live Updates: Issue subscribed 5.38 times on day 2

SENSEX 72,803.19

 -446.20

NIFTY 22,475.70

 -211.95

CRUDEOIL 9,542.00

+ 58.00

GOLD 142,079.00

 -1,230.00

SILVER 194,800.00

 -4,799.00

SENSEX 72,803.19

 -446.20

NIFTY 22,475.70

 -211.95

NIFTY 22,475.70

 -211.95

CRUDEOIL 9,542.00

+ 58.00

CRUDEOIL 9,542.00

+ 58.00

GOLD 142,079.00

 -1,230.00

'; } document.getElementById("lgdv").innerHTML = htmlElements; } function numberformat(i) { return Number(parseFloat(i).toFixed(2)).toLocaleString('en', { minimumFractionDigits: 2 }) } async function gatherResponse(response) { const { headers } = response; const contentType = headers.get('content-type') || ''; if (contentType.includes('application/json')) { return await response.json() } return response.text(); } function getWidth() { if (Math.max(document.body.scrollWidth,document.documentElement.scrollWidth,document.body.offsetWidth,document.documentElement.offsetWidth,document.documentElement.clientWidth) > 991) { document.getElementById("mob").style.display = "none"; document.getElementById("lgdv").style.display = "block"; } else { document.getElementById("mob").style.display = "block"; document.getElementById("lgdv").style.display = "none"; } } getWidth(); THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS.THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS.LIVE

Jio Platforms IPO Day 3 live updates: Jio Platforms IPO enters Day 3 of bidding after the issue was subscribed 5.38 times on Day 2, with bids for 106.27 crore shares against 19.75 crore shares on offer. Qualified institutional buyers (QIBs) led the demand, subscribing to their reserved portion 12.87 times, while non-institutional investors (NIIs) subscribed 5.67 times and retail individual investors (RIIs) 1.51 times.

By KS Badri NarayananAnupama GhoshTeam BL

Updated - October 23, 2026 at 10:47 AM.FILTERS UPDATESALLipo

• October 23, 2026 10:47 Ipo

  Subscription snapshot — 10:42 am, October 23

  Qualified institutional buyers (QIBs): 13.63x

  Non-institutional investors (NIIs): 7.85x

  NII bids above ₹10 lakh: 8.97x

  NII bids above ₹2 lakh and up to ₹10 lakh: 5.61x

  Retail individual investors (RIIs): 1.83x

  Employees: 2.33x

  Reliance Industries shareholders: 4.98x

  Overall: 6.23x

• October 23, 2026 10:18 Ipo

  Jio Platforms IPO subscribed 5.98 times so far on Day 3

  The initial subscription data on the third and final day of bidding showed that the Jio Platforms IPO was subscribed 5.98 times as of 10.15 am on October 23, 2026, with bids for 118.10 crore shares against 19.75 crore shares on offer.

  Qualified institutional buyers (QIBs) subscribed to their reserved portion 13.35 times, while non-institutional investors (NIIs) subscribed 7.27 times. Retail individual investors (RIIs) subscribed 1.73 times their reserved portion.

  The employee reservation was subscribed 2.27 times, while the shareholder reservation was subscribed 4.66 times.

• October 23, 2026 09:33 Ipo

  Watch: Jio Platforms IPO: Terrific history, future prized or pricey?

  Jio Platforms IPO: Terrific history, future prized or pricey?

  Join us on Risk Reward as we dissect the mega Jio Platforms IPO. We trace the telecom giant’s journey from its disruptive launch in September 2016—arguably the sector’s biggest inflection point—to its current market dominance. While Jio boasts some of the highest profit margins among global telcos, what does that mean for its future and its IPO investors? We unpack the details of the sector, the company and its close peer Airtel, and also explain why its valuation premium needs to be assessed in a nuanced manne

• October 23, 2026 09:18 Ipo

  Jio Platforms IPO dents investor bandwidth for listed stocks; Liquidity shift weighs on markets

  Jio Platforms IPO dents investor bandwidth for listed stocks; Liquidity shift weighs on markets

  Jio Platforms IPO dents investor bandwidth for listed stocks; Liquidity shift weighs on markets

Published on October 23, 2026

THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS. THIS AD SUPPORTS OUR JOURNALISM. SUBSCRIBE FOR MINIMAL ADS.Sign into Unlock benefits!

• Access 10 free stories per month
• Get notified by email for early preview to new features, discounts & offers